Australia proposes paying oil refiners billions to stay open

MOSCOW (MRC) -- Australia has proposed offering incentives worth AD2.3 billion (USD1.67 billion) over 10 years to keep the country's four remaining oil refineries open and said it would invest in building fuel storage as part of a long-term fuel security plan, said Hydrocarbonprocessing.The country's refiners have been battered by the coronavirus-driven collapse in fuel demand, racking up

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